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The company's sales are slowing because the only impetus upwards was new products. The sales still come from their most experienced sales reps who have years of relevant experience. To think better training and marketing, as I have heard in this chat,is responsible for their increase is foolish and to think that their growth is not slowing and will continue to do so is also a mistake. The competitors are more experienced, have greater bandwidth with other products, and are more credible. The Powerlink is a good device but hardly best in class. The competition has stopped the bleeding and have much greater resources to move forward. That is my humble, but somewhat educated opinion. You will see this company limp in to close out the year. The future upside could come in the form of a takeout for some other company with deep pockets looking to enter the space, but not from great sequential growth numbers. I don't invest based on those possibilities. I could be wrong but thats the beauty of an opinion.
Sentiment : Hold Rating :
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| Subject | Author | Rating | Time of Post (ET) | ||
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Although the Q3 report was outstanding for ELGX, you ju...
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retiredtech... | Rate it | 28-Oct-09 01:04 pm | ||
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Agreed, if there was anything weak it was US sales...
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bigjake1932 | Rate it | 28-Oct-09 03:05 pm | ||
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I agree RT. Tough to watch the drop here after lis...
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foresightki... | Rate it | 28-Oct-09 03:11 pm | ||
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ELGX went from bullish to bearish sentiment s...
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tlcjam1 | Rate it | 28-Oct-09 03:51 pm | ||
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I think some patience will be well rewar...
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weichselbau... | Rate it | 28-Oct-09 04:46 pm | ||
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Re: RT: The General Market Tone Is Killing Us Here To...
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dbob56 | Not rated | 28-Oct-09 05:50 pm |
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